Mayor Eric Adams is set to announce a $115 billion Executive Budget for New York City, signifying an increase from his preliminary budget. This fiscal plan aims to support working-class families and emphasize safety and affordability in the city. The budget will be crucial in his re-election campaign as it faces scrutiny and negotiations with the City Council, particularly amid increased tensions due to ongoing political contests and past budget battles. The final budget needs approval by July 1, affirming the urgency of the discussions ahead.
This budget is a testament to our commitment to making New York City safer, more affordable, and the best place to raise a family.
The plan is flush with new spending as he faces a steep uphill re-election battle this year.
We're saying to working families: Your city has your back.
Negotiations will begin in earnest... which must be passed by a July 1 deadline.
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